PPG acquisition history

SigmaKalon Group, a worldwide coatings producer based in Uithoorn, the Netherlands, acquired from global private investment firm Bain Capital. The business substantially expanded PPG's European architectural coatings footprint and added industrial and protective & marine coatings lines. approximately EUR 2.2 billion (including assumed debt).

The SigmaKalon business has performed well financially and would be a strong complement to our existing coatings businesses. It would give us an excellent footprint in the European architectural coatings segment, where today we have a very nominal participation. This acquisition would give us a more balanced coatings business in Europe, approximately doubling our European sales, and expand our global coatings portfolio by more than 40 percent.Charles E. Bunch — Chairman and CEO, PPG Industries

The North American architectural (decorative paints) coatings business of Akzo Nobel N.V., Amsterdam. The deal more than doubled PPG's North American architectural coatings presence and extended its reach across all three major North American architectural distribution channels - home centers, independent paint dealers and company-owned paint stores - expanding the company-owned store network to approximately 1,000 locations.

This acquisition continues the accelerated pace of our business portfolio transformation through further expansion of our coatings businesses. It is also an attractive way to significantly increase our scale in the North American architectural paint market, which we anticipate will benefit from a prolonged construction market recovery.Charles E. Bunch — Chairman and CEO, PPG Industries

Consorcio Comex, S.A. de C.V. and its related companies, an architectural coatings company headquartered in Mexico City. Comex manufactures coatings and related products in Mexico and sells them in Mexico and Central America principally through more than 3,700 independently owned and operated concessionaire stores. The deal added a leading architectural coatings business in Mexico and Central America - PPG's second-largest acquisition at the time. $2.3 billion (announced); $1.98 billion net of cash acquired (at close).

We are pleased to have successfully completed this acquisition, the second-largest in our company's history, as it adds a leading architectural coatings business in Mexico and Central America to our portfolio.Charles E. Bunch — Chairman and CEO, PPG Industries

Deft Incorporated, a privately-owned U.S.-based specialty coatings company; the acquisition enhanced the coatings capabilities of PPG's aerospace and industrial businesses. approximately $25 million.

In May 2013, the Company completed the acquisition of certain assets of Deft Incorporated, a privately-owned U.S. based specialty coatings company, for approximately $25 million.PPG FY13 10-K — Acquisitions and Dispositions note

Spraylat Corp., a privately-owned U.S.-based industrial coatings company based in Pelham, N.Y., with production facilities in the U.S., Europe and Asia. approximately $75 million.

In December 2012, the Company completed the acquisition of the business of Spraylat Corp., a privately-owned U.S. based industrial coatings company, for approximately $75 million.PPG FY13 10-K — Acquisitions and Dispositions note

PPG finalized its purchase of China Petrochemical Development Corporation's (CPDC) 40% ownership interest in Taiwan Chlorine Industries (TCI), a chlorine-based products venture in Taiwan; accounted for as an equity method investment. $100 million (option price reference).

In April 2017, PPG finalized its purchase of CPDC's 40% ownership interest in TCI.PPG FY18 10-K — Acquisitions note